Nexen Seeking Asian Partners for LNG Export Project
Posted on Jun 14, 2011 in Canada & Mexico, E&P, LNG Exports | Comments Off on Nexen Seeking Asian Partners for LNG Export Project
Officials with Nexen told Bloomberg yesterday that they recently traveled to Asia with the goal of forming a joint venture to develop natural gas plays in Western Canada. Nexen CEO Marvin Romanov said that his company was specifically interested in finding a partner “with good contacts in...
Progress Urges Streamlined Regulatory Process for Canadian LNG Export Projects
Posted on Jun 14, 2011 in Canada & Mexico, LNG Exports, Pipelines | Comments Off on Progress Urges Streamlined Regulatory Process for Canadian LNG Export Projects
Speaking in Calgary, CEO Michael Culbert of Progress Energy Resources encouraged Canadian regulators to develop a streamlined review process for LNG export projects, especially for natural gas pipelines transporting shale gas to planned LNG liquefaction facilities on Canada’s Pacific Coast. Read more in...
Pickens Critical of Proposals to Export U.S. Natural Gas Overseas
Posted on Jun 13, 2011 in LNG Exports, Markets and Competition, Policy, Legislation and Politics | Comments Off on Pickens Critical of Proposals to Export U.S. Natural Gas Overseas
Speaking to the Pittsburgh Tribune-Review, famed oil investor and natural gas production supporter T. Boone Pickens said that “[i]t’s bad public policy to export natural gas – a cleaner, cheaper domestic resource – and import more expensive, dirtier OPEC oil.” The article goes on to cite other industry players and politicians’ concerns with U.S. LNG export...
DOE Sets Public Comment Deadline in Freeport LNG Export Proceeding
Posted on Jun 10, 2011 in Federal Regulation, LNG Exports | Comments Off on DOE Sets Public Comment Deadline in Freeport LNG Export Proceeding
The U.S. Department of Energy has set a deadline of July 11, 2011, for public comments in the Freeport LNG export proceeding. The Federal Register provides additional details.
Industry Analysts Say Kitimat and Freeport LNG Export Projects Well-Positioned
Posted on Jun 10, 2011 in Canada & Mexico, Financing, LNG Exports, Markets and Competition | Comments Off on Industry Analysts Say Kitimat and Freeport LNG Export Projects Well-Positioned
North American natural gas industry analysts told Platts LNG Daily [subscription required] that they do not believe that more than three or four North American LNG export projects will be completed, citing financing challenges, market conditions, and competition from other global players like Australia. Several analysts noted that the Kitimat and Freeport LNG export projects currently...
Asian Utilities Considering Equity Interests in Kitimat LNG
Posted on Jun 9, 2011 in Canada & Mexico, Financing, LNG Exports | Comments Off on Asian Utilities Considering Equity Interests in Kitimat LNG
An Apache Corp. official said this week that major utilities in Asia are considering purchasing equity stakes in the Kitimat LNG export project planned for British Columbia. Read more in Upstream Online. Separately, the Canadian National Energy Board has convened a series of public hearings on the Kitimat LNG project. An audio webcast of the hearings is available...